Africa in the Wider World: Linking Trade and Development in Africa
July 24, 2014
The U.S.-Africa Leaders’ Summit will focus on trade and investment opportunities in Africa, while highlighting America’s commitments to security and democratic governance on the continent. Although the administration has prioritized relations with sub-Saharan Africa, it remains unclear what “deliverables” will be offered up at the summit; this can be rectified and there is a big opportunity at the nexus of trade and development for the United States to transform its relationship with Africa from one based primarily on assistance into a true economic partnership of equals. This can be achieved with the deployment of some focused resources and by renewing—and reenergizing—the flagship trade agreement between the United States and Africa, the African Growth and Opportunity Act (AGOA).
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